Maritime Propulsion Power the maritime industry

Tankers

Japan: An LNG Bunkering Hub?

New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel. A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an…

Contracts

Keppel to Deliver SE Asia's First LNG-powered Tug

Singapore-based Keppel Corp said on Wednesday its offshore rig-building unit is on track to deliver in May what the shipbuilder said will be the first tugboat in southeast Asia that can run on liquefied natural gas…

Legal

Shipping Fuel Costs to Spike 25% on Sulphur Cap

Costs to rise from roughly $100 bln today; just 2 pct of global fleet to have scrubbers in 2020 . Global shipping fuel costs are likely to rise by a quarter, or $24 billion, in 2020 when new rules limiting sulphur kick…

People & Company News

GP Global Acquires MAG Lube

GP Global (Formerly Gulf Petrochem Group) today announced that it has completed its acquisition of MAG Lube LLC in the United Arab Emirates. MAG Lube LLC is a manufacturer of lubricants in the Middle East, distributing…